RAISER EMPLOYMENT AND RECRUITMENT SOLUTION (RaiserHR)

Add: YekaSubcity, Woreda 07, Ho. no- 482/483/304 Addis Ababa Ethiopia Supplier’s TIN - 0007883384
Tel: +251 91 116 6037 | Email: info@raiserhr.com Web: www.raiserhr.com

6th of June 2024

Price Quotation:
Re: Outsourcing service - Cost breakdown for a position per month

Summary
Cost description Amount
Total Employe related Cost
(basic salary + 11% pension fund + Severance pay + medical
X
insurance + annual leave + allowances (transport and/or
Commn etc.)
Administration Cost (16%) Y = (X*16%)
Profit Margin (10%) Z= (X*10%)
Grand Total V = X+Y+Z
VAT @15% T = V*15%
Grand Total with VAT GT = V+T

Valid for 60 days.

Note: Please see attached computation of cost (cost breakdown) in excel, assuming a monthly
basic salary of birr 50,000 plus allowances (as an example).

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